- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0108292

About Khyati Industries Private Limited
Data last updated:
Khyati Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 17 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21099GJ2019PTC111468. Its GSTIN is 24AATCA0600N1ZO (Gujarat).
The company has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹2.07 Cr. It was formerly known as Alpas Paper Private Limited and Alpas Paper (Opc) Private Limited. It is led by directors including Kartik Jasubhai Patel and Niraj Bhardwaj.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block No 663 – 664 N H No 59 Kujad Highway Bhavda Daskroi, Ahmedabad, Gujarat, India – 382433.
As per the financials filed for FY 2025, the company reported a revenue of ₹92.98 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹4.78 Cr (net margin 5.1%) and EBITDA of ₹9.48 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 73% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Khyati Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0108292). For more details, the company can be reached via its website khyatiind.com.
Company details
Name history
Khyati Industries has undergone 2 name changes throughout its history. The company was previously known as Alpas Paper Private Limited, and Alpas Paper (Opc) Private Limited. The current legal name is Khyati Industries Private Limited.
| Company Name | Status |
|---|---|
| Khyati Industries Private Limited | Current |
| Alpas Paper Private Limited | Previous |
| Alpas Paper (Opc) Private Limited | Previous |
CIN history
Khyati Industries has one previous CIN (Corporate Identification Number): U21099GJ2019OPC111468. The current CIN is U21099GJ2019PTC111468, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21099GJ2019PTC111468 | Current |
| U21099GJ2019OPC111468 | Previous |
Recognitions & Rankings of Khyati Industries
Contact details
Khyati Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is khyatiind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No 663 – 664 N H No 59 Kujad Highway Bhavda Daskroi, Ahmedabad, Gujarat, India – 382433
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Khyati Industries Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Khyati Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Khyati Industries Private Limited, buy the company report.
Financials of Khyati Industries Private Limited
FY 2024 filings availableKhyati Industries Private Limited reported revenue of ₹92.98 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 19% growth in the latest year. EBITDA rose 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Khyati Industries Private Limited, buy the company report.
Board of directors of Khyati Industries Private Limited
Khyati Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Jasubhai Patel | Director | 18 Oct 2021 | 5 Years 0 Months | Current |
| Niraj Bhardwaj | Additional Director | 27 Feb 2025 | 1 Years 8 Months | Current |
| Pragneshkumar Prahaladbhai Soni | Additional Director | 30 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Khyati Industries Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishna Lamicoat Private Limited | ₹95.87 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Unity Kraft Paper Mill Private Limited | ₹93.64 Cr (FY 2025) | 468.0% | Savli, Gujarat, India | |||
| Khatema Fibres Limited | ₹93.44 Cr (FY 2025) | -18.0% | Khatema (Udham Singh Nagar), Uttarakhand, India | |||
| Sreenivasa Balaji Papers Private Limited | ₹93.07 Cr (FY 2024) | -15.0% | Palani, Tamil Nadu, India | |||
| Khyati Industries Private Limitedthis company | ₹92.98 Cr (FY 2025) | ₹4.78 Cr | 5.1% | 19.0% | Ahmedabad, Gujarat, India | |
| Devprayag Paper Mill Private Limited | ₹92.27 Cr (FY 2025) | 17.0% | Allahabad, Uttar Pradesh, India | |||
| Shree Jagdambe Paper Mills Ltd | ₹92.21 Cr (FY 2025) | 5.0% | Delhi, India | |||
| New Bombay Paper Mills Private Limited | ₹92.14 Cr (FY 2022) | 42.0% | Khopoli, Maharashtra, India |
To see the full peer comparison of Khyati Industries Private Limited, buy the company report.
Auditor
Khyati Industries Private Limited is audited by Kothari & Gupta Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kothari & Gupta Associates | FY 2023 | 009457N |
Shareholding
The shareholding of Khyati Industries Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Khyati Industries Private Limited, buy the company report.
Legal cases
Khyati Industries Private Limited has 1 court case on record: 1 filed by Khyati Industries. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against an individual | Disposed |
To see the full case history of Khyati Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Khyati Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khyati Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCA0600N1ZO | Gujarat | Active | 21 Jan 2020 |
To see the full GST registrations and return filing status of Khyati Industries Private Limited, buy the company report.
Recent activity
Khyati Industries Private Limited has 7 board changes on record since 2021: 4 appointments and 3 cessations. The latest: Niraj Bhardwaj was appointed as Additional Director on 27 Feb 2025.
Frequently asked questions
Khyati Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 17 December 2019 (7+ years old) and is registered under CIN U21099GJ2019PTC111468.
Khyati Industries has 3 current directors:
- Kartik Jasubhai Patel - Director
- Niraj Bhardwaj - Additional Director
- Pragneshkumar Prahaladbhai Soni - Additional Director
The latest financial statements of Khyati Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Khyati Industries is 24AATCA0600N1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Khyati Industries is U21099GJ2019PTC111468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khyati Industries has 1 court case on record: 1 filed by the company.
Khyati Industries was incorporated on 17 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Khyati Industries by revenue are Krishna Lamicoat Private Limited, Unity Kraft Paper Mill Private Limited, Khatema Fibres Limited, Sreenivasa Balaji Papers Private Limited, Devprayag Paper Mill Private Limited and 2 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Niraj Bhardwaj was appointed as Additional Director on 27 Feb 2025. Pragneshkumar Prahaladbhai Soni was appointed as Additional Director on 30 Jan 2025. Mahavir Lalitkumar Kothari ceased to be Additional Director on 03 Mar 2023. Khyati Industries has 7 board changes on record in total.
Yes, Khyati Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0108292).
Khyati Industries can be reached through the website khyatiind.com. Its registered office is in Ahmedabad, Gujarat, India.

